Reply to War with Iran Part II

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]There is no deal and now the Strait of Hormuz is completely closed. This week was a big step backward.[/quote]

Stock market is at an all time high and oil prices are collapsing. Trump is a genius. [/quote]

Stock market is on a sugar high because jobs are being cut and profits are soaring because of inflation. None of that helps the average American.[/quote]

[b]The stock market represents the global economy[/b] but it has absolutely nothing to do with the actual national economy. I’m surprised most people don’t know this. You want to know how the actual economy is like?

Go ask the dentists. Nobody shows up when money is tight [/quote]

No, not at all.

the stock market reflects corporate profits, which may, or may not reflect the economy of any country. When layoffs push profits north, when inflation push profits north, those are bad for the economy. Shrinking GDP, higher inflation, higher unemployment, etc are some of the indicators of economic health. So, no, the only test of the capital markets is corporate profitability.[/quote]

The high stock market is a sign of inflation, and loss of value if the dollar.  Of course, it helps that people don’t want to sell, because what other part of the economy is worth investing in?[/quote]

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